Minco Base Metals Provides Corporate Update

The Company advises that Ms. Ellen Wei, Chief Financial Officer's employment agreement was terminated effective May 22, 2014. We wish Ms. Wei the best in her future endeavors.

The Company's Controller, Mr. Samson Siu has been appointed Interim Chief Financial Officer while the Company searches for a replacement. Mr. Siu has been the Company's Controller since November 1, 2012. Mr. Siu is a member of the Institute of Chartered Accountants of British Columbia and brings nearly a decade of experience in financial management and reporting to the Company. His experience includes working as an assurance manager at Manning Elliott LLP in Vancouver and also as a tax associate at KPMG LLP.

Minco Base Metals Corporation in a registered company, and shareholders are invited to obtain information regarding the company at www.sedar.com.